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Press Release: LexisNexis Risk Solutions [March 7, 2023]

LexisNexis Risk Solutions announces definitive agreement to acquire Human API

March 6, 2023. LexisNexis Risk Solutions, part of RELX, announced that it has entered into a definitive agreement to acquire Human API, a leading provider of consumer-driven health data to life insurance and healthcare customers. Human API's proprietary consumer consent management platform enables more seamless delivery of health data between consumers and life insurance and healthcare organizations. This approach supports consumers to more easily connect and consent to the use of their data, which facilitates delivery to insurance carriers of the important health data needed both to offer life insurance and to support automation of the underwriting process. It also improves care coordination within the healthcare ecosystem.

The acquisition of Human API will enable LexisNexis Risk Solutions to further its strategic aim of delivering innovative solutions while meeting the industry's regulatory requirements and data privacy standards.

Completion is subject to customary closing conditions.

About LexisNexis Risk Solutions

LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

About RELX

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 35,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalization is approximately [44bn/52bn/$59bn].

About Human API

Human API's Health Intelligence Platform connects health data that accelerates underwriting, improves placement rates, and creates better customer experiences. The company's platform is powered by a robust and comprehensive data network which includes access to electronic health records (EHR) networks, health information exchanges (HIEs), patient portals, and traditional APS retrieval partners. Coupled with smart evidence orchestration capabilities that optimize for the best data retrieval paths and a reporting engine that presents useful information to underwriters at the right time, Human API's solution is helping leading carriers easily access and use health data to transform underwriting and customer experiences. To learn more, visit HumanAPI.co.


Summary: LexisNexis Risk Solutions, part of RELX, announced that it has entered into a definitive agreement to acquire Human API, a leading provider of consumer-driven health data to life insurance and healthcare customers. Human API's proprietary consumer consent management platform enables more seamless delivery of health data between consumers and life insurance and healthcare organizations. This approach supports consumers to more easily connect and consent to the use of their data, which facilitates delivery to insurance carriers of the important health data needed both to offer life insurance and to support automation of the underwriting process. It also improves care coordination within the healthcare ecosystem.
Publication Year:2023
Type of Material:Press Release
LanguageEnglish
Date Issued:March 7, 2023
Publisher:LexisNexis Risk Solutions
Company:
Company: LexisNexis Risk Solutions
Subject: Mergers and acquisitions
Permalink: https://librarytechnology.org/pr/28575/lexisnexis-risk-solutions-announces-definitive-agreement-to-acquire-human-api

DocumentID: 28575 views: 816 Created: 2023-03-07 07:16:48 Last Modified: 2023-05-31 16:12:00.